
OpenAI to raise $40 billion in SoftBank-led round to boost AI efforts – SUCH TV
OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools. SoftBank would provide 75 per cent of the funding, according to a person familiar with the matter, with the remainder coming…